Fln Angl Hy Cp Discussion Threads

[fingers xxd] 18/6/2002 21:25

I picked up a lot of useful information & tips from this thread,
and it would be a pity to see it slip into the archives.

I've been closely following the 'FARA' thread, which is also
excellent and very informative, but has anyone come across any
recent breakouts, that meet Sham's criteria listed under the
heading above?
My contribution is Genus - any views?

[mr ashley james] 09/6/2002 18:42

Ape,

Any calls for this month?

Looking for several 50% risers in June on long side, and could do with suggestions for best August, September, October shorts with MC over £250m currently and p/e ratios negative or over 75 times forecast 2002 EPS in real terms plus reducing t/o plus margins.

Best regards

Ashley

[mr ashley james] 07/6/2002 11:05

Ape,

Have you noticed Eliott Wave breaks are 3,5 or 8 trading days duration ie an exact Fibonacci numbering sequence?

Best regards

Ashley

[mr ashley james] 05/6/2002 18:51

Paddy,

I think I may have been a day early on WUN break, but it does look very good tomorrow, offer at 93p all day.

When she breaks 92p mid we could be away.

Best regards

Ashley

[mr ashley james] 05/6/2002 02:10

Paddy,

Thanks, I have been looking at them for some time.

Cheers and good luck on the big bad markets tomorrow.

Ash

[mr ashley james] 05/6/2002 00:48

Ape,

Are you still long on WUN?

I have calculated WUN has currently going up 2.73% per day from 9th April 2002, or an average of over 50% or 23.25p pcm.

It also seems a constant riser, rising 29p in April, 17.50p in May, when the insurance sector was dropping WUN was still going up.

I was considering a T25 on top of equity holdings because it seems to be a good monthly constant returner, and appears to me to have a long way to go in view hugely growing EPS before it reaches FTSE average P/E ratios of 22 x or even hopefully a higher rating noting WUN was rated at a p/e ratio of 97.35 times EPS in 2000.



UB83 Still only half of two year high of 3100 approx. Personally the 150 point drop in UB83 from 1625 to 1475 low in May, closing around 1575 ie 50 points down, may well have been reason WUN only rose 17.50p in May, hopefully it will do better in the traditional insurance bull run months of June, July, perhaps into mid August.

Best regards

Ashley

[paddyfool] 04/6/2002 17:03

Ashley
I am using IGindex and the spread on WUN is I believe 3p.

[mr ashley james] 04/6/2002 16:16

Backwardation,

Who do you use IG Index, Finspreads,City Index?

What spread do they quote long WUN, still 5p?

Best regards

Ashley

[backwardation] 04/6/2002 16:02

No....

If MKT CAP over say £30 Million....

[rjmahan] 04/6/2002 16:01

Backward - WUN too small to spreadbet....

[backwardation] 04/6/2002 15:53

"I was considering a T25 on top of equity holdings because it seems to be a good monthly constant returner"

Ashley....Why not try a spread bet instead ?

R.P.I

[rjmahan] 04/6/2002 08:23

true - after being badly burnt on housing last week andseeing a 3% fall in the US - now is not the time to be buying.

[theape] 03/6/2002 22:05

I wouldn't go long on anything without exceptional asset backing.

cash rich, negligible gearing.

[backwardation] 03/6/2002 21:18

Ooh my dear....Ashley James....What a wag you are !

[mr ashley james] 02/6/2002 18:33

Ape,

Re Wellington Underwriting Plc FTSE WUN

Personally looking at the chart, and 2,3,5,8,13 plus 34/144 and 55/89 moving day average convergences, plus mm gaps NUMIS and ABNA on 93p/88p mid 90.50p, compared to others 97p/92p mid 94.50p(refer WUN thread) I think WUN is due to break significantly on Wednesday, probably at least 4 pence move as two mms on offer move to being in line with other mms moving on bid IMHO. It will be even better if this happens because if it does 80% of the 5p bid offer spread will be eaten up by the rise straight away, ie people would only require a further one penny rise to be breaking even day one if they can still buy at 93p next week!

Most importantly WUN has broken out through 233 day moving average on a volume of per ADVFN of 102 trades on Friday 31st May 2002 totalling 1,156,900 shares traded, 1,054,578 at 93.00p, ie £980,757.54, 3,322 shares at 92.75p, ie £3,081.16, 25,000 at 92.50p, ie £23,125.00, 10,000 at 92.10p, ie £4,605.00 and 64,000 at 92.00p ie £58,880.00, a total over all of £1,070,448.70 worth of shares traded on now a consistantly increasing volume, and once again now an increasing rate of change and or Gann Angle break over last week of 7.50p over 5 trading days nearly 20%, or 5p over two days ie 2.50p per day nearly double over normal ROC over last 37 days of 1.25675p approx per day since break on 9th April 2002.





All IMHO, NAG, DYOR etc, etc

Best regards

Ashley

[biomax] 31/5/2002 06:29

theape

bullishnes of biotech? hmmmm, you must be wearing rose spectacles

[wholden] 31/5/2002 06:02

nice one chuckie!

[chuckie egg] 29/5/2002 18:55

Genus, GNS is hitting new highs, after recent impressive results. The company is buying back shares which should provide a floor for the shares. Genus trades on a forward p/e 10 which is cheap for a growth company in the biotech sector. It compares favourably to Sygen, SNI. Sygen forward p/e is double of Genus.

[mr ashley james] 29/5/2002 17:53

Backwardation,

My passwords have all been changed as a result.

Are you going to get hacking?

Ashley

[backwardation] 29/5/2002 14:59

GHT....looking very strong !

Any views ?

[mr ashley james] 28/5/2002 12:32

Ape,

Re LGI post 395 (now amended/deleted)

It appears somebody hacked into my computer log in, this post was not by me, I will be informing ADVFN in the morning.

Best regards

Ashley

[backwardation] 28/5/2002 12:25

Ooh my dear monacoman....we have to hand it to you....although to be fair....you and your hand probably go very well together on a rather
regular basis....we would speculate !

[backwardation] 28/5/2002 09:15

Ashley....yeah, yeah, yeah, yeah !!!!

Ooh my dear....you really are a wag !!!!

LOL !!!!

[theape] 23/5/2002 20:09

I'm personally long on it as long as it stays above its 200d m.a.